Malaysian Pacific Industries Bhd. · MYX:MPI
Malaysian Pacific Industries Bhd — Q1 FY2019 Earnings Presentation
16 slides from Malaysian Pacific Industries Bhd's earnings presentation, November 2018
Slide 1: Malaysian Pacific Industries Berhad Investors' Briefing Q1 FY19
Malaysian Pacific Industries Berhad Investors’ Briefing Q1 FY19 DIFFERENTIATION THROUGH INNOVATION Differentiation Thru Innovation
Slide 2: Q1 FY19 Summary
Q1 FY19 SUMMARY MPI achieved a record breaking topline of over US$ 100M in a quarter REVENUE Revenue UP by 11% (USD), 7% (RM) in Q1 FY19 Vs Q1 FY18 Sequential Revenue UP by 2% (USD), 5% (RM) in Q1 FY19 Vs Q4 FY18 Q1 FY19 PAT higher by 11% Vs Q4 FY18 to close at RM 53.3M PAT PAT higher by 22% against
Slide 3: Trade War
TRADE WAR TRADE WAR In spite of China & US being locked in an ongoing trade war, MPI had an extremely good quarter mainly due to: Portfolio Rationalization Innovative Products MPI carried out portfolio Introduced new products in key rationalization where products segments – Automotive (Sensors) with
Slide 4: Revenue by Quarter
REVENUE BY QUARTER 102,000 QUARTERLY REVENUE (USD) 100,883 100,000 99,181 98,000 96,000 94,782 94,000 92,862 USD MIL 92,388 92,000 90,539 89,611 90,000 88,869 87,996 88,000 86,000 84,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY 2017 FY2018 F2019 MPI saw 11% growth in Q1 FY19 Vs Q1 FY18 MPI grew 2% from Q4 FY18
Slide 5: MPI Group Results at a Glance
MPI GROUP RESULTS AT A GLANCE Q1 FY19 Q4 FY18 Q1 FY18 Q1 vs Q4 Q1 vs Q1 YTD FY19 YTD FY18 YoY RM mil RM mil RM mil % % RM mil RM mil % Revenue 413.8 393.1 387.6 5% 7% 413.8 387.6 7% PAT 53.3 48.1 43.8 11% 22% 53.3 43.8 22% PATAMI 42.3 39.0 36.2 8% 17% 42.3 36.2 17% EPS (sen) 22.25 20.55 19.08 8% 17%
Slide 6: MPI Group - Revenue by Geographical Location of Customers
MPI GROUP – REVENUE BY GEOGRAPHICAL LOCATION OF CUSTOMERS EUROPE 22.1% YTD FY 2019 ASIA USA 23.0% YTD FY2018 16.7% YTD FY2019 61.2% YTD FY 2019 57.2% YTD FY2018 19.8% YTD FY2018 Differentiation Thru Innovation
Slide 7: Revenue by End User Market
REVENUE BY END USER MARKET REVENUE BY END USER MARKET Q1 FY19 REVENUE BY END USER MARKET Q4 FY18 Other 1% Other 1% PC / PC / Notebook Notebook 9% 9% Automotive Automotive 30% 30% Consumer / Consumer / Communications Communications 35% 35% Industrial Industrial 25% 25% Differentiation Thru Innovation
Slide 8: MPI Group - Revenue by Operating Units
MPI GROUP – REVENUE BY OPERATING UNITS REVENUE (USD) REVENUE BY OPERATING UNITS(%) 102 101 Carsem Dynacraft 100 99 120% 98 100% 94% 94% 95% 96% 96% 96 95 80% 94 93 USD MIL 92 60% 91 90 40% 88 20% 86 6% 6% 5% 4% 4% 84 0% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY2018 F2019 FY2018 F2019 Differentiation Thru Inn
Slide 9: MPI Group - Capex
MPI GROUP – CAPEX MPI EBITDA VS CAPEX (RM M) MPI CAPEX EBITDA Capex Carsem Dynacraft 120 90 102 105 106 100 80 100 3.7 85 70 78 80 60 0.8 3.0 RM MIL RM MIL 59 56 50 60 40 75 40 31 30 0.1 59 25 53 0.5 20 20 31 24 10 - - Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY2018 F2019 FY2018 F2019 Differentiation Thru Inno
Slide 10: MPI Share Price for a Year
MPI SHARE PRICE MPI SHARE PRICE FOR A YEAR 15 14.00 14 12.94 13 12.38 12.02 11.80 12 11.36 11.24 10.72 11 10.62 10 9.20 9.56 8.80 9 8.15 8 7 6 Oct'17 Nov'17 Dec'17 Jan'18 Feb'18 Mar'18 Apr'18 May'18 Jun'18 Jul'18 Aug'18 Sep'18 Oct'18 Share Price (RM) Differentiation Thru Innovation
Slide 11: Major OSAT PATAMI Trend on Quarterly Basis
MAJOR OSAT PATAMI TREND ON QUARTERLY BASIS PATAMI TREND ON QUARTERLY BASIS CARSEM Q1FY19 @13% Differentiation Thru Innovation
Slide 12: Debt/Cash Position of OSAT Players
DEBT/CASH POSITION OF OSAT PLAYERS DEBT/CASH POSITION (US$) Differentiation Thru Innovation
Slide 13: Future Plans: Roadshows
FUTURE PLANS ROADSHOWS Management will start doing roadshows in different cities across the world from next NORTH year. AMERICA Differentiation Thru Innovation
Slide 14: Building a Competitive Advantage
BUILDING A COMPETITIVE ADVANTAGE “Present & near future looks very good for MPI. There is profitable growth and the company is growing faster than the industry average” Increased turnover guidance for 1st half of the year & MPI foresees to double the turnover in next 3-5 years PORTFOLIO NO DEBT RATI
Slide 15: Summary
SUMMARY MPI showed a record breaking performance and crossed US$ 100M Revenue in a quarter for the first time Despite Trade war, Top Line increased by 2% in Q1 FY19 Vs Q4 FY18 and by 11% against last year’s corresponding quarter PAT saw 22% growth in Q1 FY19 Vs Q1 FY18 Increased turnover guidance fo
Slide 16: Thank You!
THANK YOU! Differentiation Thru Innovation
Malaysian Pacific Industries Berhad — Q1 FY2019 Earnings Presentation on 6ix